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Free Banking Is Back?
(Private Enterprise Research Center, Texas A&M University, 2022-11-15)
While none of the current cryptocurrencies, themselves, currently circulate in general commerce, many crypto exchanges have arisen that exchange the various cryptocurrencies for one another and for titles to U.S. dollars. ...
The Pandemic Federal Reserve: The First Two Years
(Private Enterprise Research Center, Texas A&M University, 2022-06-07)
Due to the Covid-19 pandemic, developed world governments engaged in unprecedented spending. Federal Reserve securities holdings were an astounding 36.5% of the nation’s Gross Domestic Product after two pandemic years. ...
The Federal Reserve & Interest Rates: It's the Interest on Reserves, Not the Fed Funds Rate That Matters
(Private Enterprise Research Center, Texas A&M University, 2022-09-16)
Much of the press’s reporting of the Federal Reserve’s efforts to fight inflation is measured by how much the Federal Reserve will raise interest rates at its next FOMC meeting. But the press’s measure of interest ...